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Financial assistance for low income seniors needing Long Term Care

Article submitted by Dick Dorrough, Certified Medicaid Planner. Dick Dorrough is with Medicaid for Colorado and offers professional long term care Medicaid assistance help with Long Term Care Medicaid Applications and Planning. He can be reached at 303-829-0205 or visit the group’s website.

Medicaid is a jointly funded, Federal-State health and long term care coverage program. While each program must meet federal guidelines, Medicaid is administered on the state level. As such, states are allowed some variance in the programs they provide. In Colorado, you must be a low-income resident to qualify for Colorado Medicaid.

In addition to health coverage for all ages, Colorado Medicaid provides long term care coverage for seniors. Medicaid will cover the cost of home-based care, as well as care in a residential care community such as independent and assisted living, skilled nursing and long term care.

Home and community-based services (HCBS) programs focus on long term care in the home. Care can be provided by a Medicaid approved home health agency or by InnovAge PACE (Program of All-Inclusive Care for the Elderly). InnovAge PACE’s mission is to help seniors stay in their own homes and communities and remain independent for as long as possible.

To accomplish this goal, PACE offers the following programs:

  • Adult Day Programs
  • InnovAge Home Care
  • InnovAge Memory Care
  • Caregiver Support
  • InnovAge Senior Housing

You must be eligible for Medicaid, or both Medicare and Medicaid, and meet other eligibility requirements to participate. You can learn more at InnvoAge PACE –

Medicare will not cover long term care costs. An individual that needs to go into a residential care community without first getting home-based care services through PACE can apply for Long Term Care Medicaid. To qualify for Medicaid, the applicant must be a low-income senior based on Medicaid’s income and assets limits. Each applicant must meet the income limits on their individual income whether or not they are married, although assets are considered jointly. The applicant also must be medically evaluated to determine that they require long term care. Medicaid has no limit to how long it will pay for residence in a care community as long as the recipient qualifies for needing the care. Most care communities require a resident to be able to pay privately for a variable period of years before they will accept Medicaid for their payment. Pre-planning as far in advance as possible can provide more and better options for the senior needing Medicaid assistance for their long term care.

More about Dick Dorrough, Certified Medicaid Planner and Chief Benefits Consultant
In 2010, Dick Dorrough founded War Veterans Association of Colorado to assist veterans and their families in locating crisis funding for long term care. In the same year, he achieved his FINRA designation of Certified Medicaid Planner. In 2015, Dick started Medicaid for Colorado to assist families in planning for Colorado Long Term Care Medicaid. Dick can be reached at 303-829-0205.

Tags: PACE, spend down, Colorado, Medicaid, Certified Medicaid Planner, InnovAge

Posted March 2017 on